ABG Infralogistics bags order for handling cargo

by khalid on 05/01/2010 · 0 comments

ABG Infralogistics Ltd. formerly known as ABG Heavy Industries Limited. The Group’s principal activity is to provide crane services. The company informed the market (BSE) that it received an order from from Vishakhapatnam Port Trust and the order is for Development of Western berth (WQ-6) in the Northern Arm of Inner Harbour of Visakhapatnam Port Trust for handling of dry bulk cargo for 30 years on DBFOT basis.

The project cost has been estimated at Rs 115 crores. The company has offered to share 47.12 per cent of the revenue during the concession period with the Port Trust after the company starts operations in the berth.

Share’s Data :
BSE Code : 520155
Face Value : Rs 10.00
Mkt. Cap: 214 Crores
P/E: 29.87
EPS: Rs 5.58
Last dividend : 40 % Apr.09
52 Week H/L : 255.00 / 82.00
ABG Infralogistics share’s CMP is Rs 166.60 on 5th Jan 2010.

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